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Through a similar structure, the three men exert control of Nextera, which was intended to be a big consulting company.
Among the scheduled speakers were executives from Merrill Lynch, UBS Warburg and Accenture, a big consulting firm.
It also tries to identify what it will take to realize those capabilities (often, not surprisingly, with the kind of services a big consulting firm can provide).
For PricewaterhouseCoopers, the world's largest accounting firm and a big consulting firm, the deal is a way to separate those two businesses quickly.
"We could have had a big consulting firm and training firm and it would have been a huge lucrative machine," he says.
Its latest victim is Booz Allen Hamilton, a big consulting firm that advises America's government on cybersecurity.The group opposes Booz Allen's work for the government in the fight against terrorism.
Similar(44)
He finds a warm reception in a field long dominated by big consulting firms such as KPMG and Accenture (née Andersen Consulting).
He warned that accountants would be swayed from delivering harsh audits by the prospect of winning big consulting fees, a concern that Congress rebuffed before Enron's collapse but now is raising anew.
Every major bank has a blockchain task force, the big consulting firms are all diving in to develop applications for their clients, and there's increasing interest from governments and regulators in how these technology could actually help them achieve key social goals rather than threaten them.
The competition has become most apparent in a handful of industries, notably law firms, big consulting companies and in Silicon Valley.
"When I was at Apollo, which owns University of Phoenix, we would hire consultants from all sorts of big consulting houses.
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